| General information | |
|---|---|
| Global rank: | 315 |
| Name: |
Bitkub Coin |
| Symbol: | KUB |
| Current coin price (PHP): | 101.52 ₱ |
| Last hour: | arrow_downward-1.46 % |
| Last 24 hours: | arrow_downward-0.670 % |
| Last 7 days: | -0.260 %trending_down |
| Capitalisation (PHP): | 7 002 357 790.23 ₱ |
| Volume 24h (PHP): | 39 663 518.47 ₱ |
| Available supply: | 68 974 776.00 KUB |
| Total coin supply: | 110 000 000.00 KUB |
| Start date: | 2021-05-06 |
Bitkub Coin/Philippine Peso (KUB/PHP) price chart
Bitkub Coin/Philippine Peso (KUB/PHP) capitalisation and volume charts
Bitkub Coin (KUB) is the native utility token on the Bitkub Chain, listed on multiple exchanges. It serves various utility functions within the Bitkub ecosystem, such as on-chain gas fee payment, conversion to fee credits on the Bitkub Exchange, and exchange with other digital assets.
KUB is used to fuel, operate, and govern the Bitkub Chain ecosystem. It is employed for paying transaction fees, redeeming trading fee credits on the Bitkub Exchange, and transferring KUB between users. Additionally, KUB facilitates the functioning of Bitkub NEXT (Wallet), Bitkub NFT (NFT Marketplace), and various other applications and services within the Thai blockchain ecosystem. The coin is also instrumental in the Bitkub Chain's consensus mechanism, which employs Proof of Staked Authority (PoSA), with validator nodes required to own a certain amount of KUB coins.
Bitkub Coin (KUB) was created by Bitkub Online Co., Ltd., a Thailand-based cryptocurrency exchange. Founded in 2018 by Jirayut Srupsrisopa, a pioneering tech entrepreneur in the Thai cryptocurrency space, Bitkub quickly rose to prominence as one of the country's leading digital asset exchanges. Jirayut Srupsrisopa was instrumental in establishing Bitkub and had previously co-founded the Bitcoin wallet operator Coins.co.th before venturing into the creation of Bitkub.